Strategy Video: Trading Conflicting Views on EUR/USD, GBP/USD, USD/JP: Forex News by DailyFX

Forex News by DailyFX

Published on 31 May 2016

Talking Points:

• A long and short position in the same trade or theme generally results in a neutral position
• Abstaining from a short-term trade in deference for a long-term position means prioritizing opportunities
• We discuss how we can reconcile having long and short side views across time frames with EUR/USD, 'risk' and more

Read the full article here:
https://www.dailyfx.com/forex/video/l...

 

#USA - Boeing Shares are Lower on Delay of New Tankers to Miliary: TheStreet

TheStreet

Published on 31 May 2016

Boeing shares are falling Monday after the announcement late last week that the company will delay delivery of new KC-46 tankers to the U.S. military. Boeing was supposed to deliver 18 KC-46 tankers by August 2017, but now that won't happen until early 2018. Analysts say the announcement was a surprise since Boeing seemed confident about its ability to deliver just three weeks ago at its annual investor day. The $40 billion program is already more than $1 billion over budget, according to analysts at Canaccord Genuity, which have a hold rating on the stock.

http://www.4-traders.com/BOEING-CO-4816/

#USNavy has begun air refueling tests for #Boeing P-8A aircraft. First contact: #USAF tanker. pic.twitter.com/Z1CBqtNZv0

— Boeing Defense (@BoeingDefense) May 4, 2016

#USA - Jazz Pharmaceuticals Says it Will Pay $1.5B For Celator: TheStreet

TheStreet

Published on 31 May 2016

Shares of the drug maker Celator Pharmaceuticals jumped more than 70 percent in Tuesday's trading session after Dublin-based Jazz Pharmaceuticals said it would acquire the company for $1.5 billion. Jazz

http://www.4-traders.com/JAZZ-PHARMACEUTICALS-PLC-9829261/

#France - ready to host the Euro 2016? 10 million visitors expected : AFP news agency

AFP news agency

Published on 30 May 2016

Up to 10 million visitors will descend on France in a few short days for the 2016 European Championship. But with transport strikes, nationwide protests and major security concerns,the pressure is on for the host country to get things right.

#UK - Bacanora CEO: Lithium becoming an everyday commodity: ProactiveInvestors Stocktube

ProactiveInvestors Stocktube

Published on 31 May 2016

Peter Secker, chief executive of Bacanora Minerals Ltd's (LON:BCN, CVE:BCN) says the market for lithium could double over the next decade, in tandem with the rise of renewable energy.

Lithium batteries store energy from renewable energy sources, such as solar and wind, and Secker says “lithium is becoming more and more an everyday commodity and significant consumption increases over the next decade are going to see demand growth from about 180,000 tonnes a year that it is currently to anywhere north of 350,000 tonnes a year.”

He adds that there is “very limited new supply coming into the market”.

Bacanora is currently developing the Sonora lithium deposit in Mexico with the feasibility study scheduled to be delivered in in the first quarter of 2017.

http://www.4-traders.com/BACANORA-MINERALS-LTD-17083775/ 

Bacanora Minerals Ltd's outperform rating reiterated at Macquarie. GBX 120 PT. https://t.co/DixCNmAmzZ $BCN #BCN

— MarketBeatCom (@RatingsNetwork) May 31, 2016

Bacanora Minerals Ltd's outperform rating reiterated at Macquarie. GBX 120 PT. https://t.co/4eX4I4AGir $BCN #BCN

— US Consumer News (@ConsumerFeed) May 31, 2016

#EU - Data puzzle for ECB policy meeting: Reuters

Reuters

Published on 31 May 2016

Euro zone sentiment up, German retail sales down: a mixed bag of data has economists scratching their head over the European economy, and over what the ECB's Mario Draghi might do next. David Pollard reports.

#Syria - Airstrikes in Kill Dozens: Wall Street Journal

Wall Street Journal

Published on 31 May 2016

Rescue crews dug through rubble Tuesday in Syria’s Idlib, looking for survivors after more than 25 people died in overnight airstrikes that hit multiple targets. Photo: Reuters

#UK - Charting indices: ranges dominate amidst event risk: IG UK

IG UK

Published on 31 May 2016

31 May 2016: IG technical analyst Joshua Mahony charts FTSE 100, DAX. Josh notes indecision and hesitancy in the markets with a lot of event risk. He remains bullish on the FTSE, as long as we remain above 6237.